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Decentralized cryptocurrency exchange Injective has announced that it has released its largest tokenomic upgrade, $INJ 2.0, which could increase the amount of $INJ burned weekly.
With this announcement, it was stated in the official blog post that all dApps built on Injective can contribute to $INJ burning efficiency without any limit on how much $INJ they can burn.
“Injective is releasing its largest tokenomic upgrade ever, which can significantly increase the amount of $INJ burned weekly.
Now all dApps built on Injective can contribute to the $INJ burning auction with no limits on how much they can burn.
$INJ 2.0 aims to allow all dApps to participate in burns.
$INJ 2.0 marks an important milestone in the evolution of finance by creating a more integrated ecosystem powered by Injective.”
1/ Injective today is releasing its largest tokenomics upgrade yet which can dramatically increase the amount of $INJ burned weekly.
Now all dApps built on Injective can contribute to the $INJ burn auction with no limit on how much they can burn.https://t.co/VCoc2lSjaA
— Injective 🥷 (@Injective_) August 16, 2023
After this announcement, $INJ price rose by up to 4%, while the price pinned to $7.36. At the time of writing, $INJ continues to trade at $7.18.
*Not investment advice.
u.today
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